Intu Properties PLC’s (INTU) “Reduce” Rating Reiterated at Numis Securities Ltd

Numis Securities Ltd reiterated their reduce rating on shares of Intu Properties PLC (LON:INTU) in a research report released on Thursday morning, MarketBeat reports. The firm currently has a GBX 190 ($2.51) price objective on the real estate investment trust’s stock.

Several other analysts have also weighed in on INTU. Liberum Capital restated a sell rating and issued a GBX 240 ($3.17) price objective on shares of Intu Properties PLC in a report on Thursday, July 27th. Goldman Sachs Group, Inc. (The) reaffirmed a buy rating and set a GBX 302 ($3.99) target price on shares of Intu Properties PLC in a report on Wednesday, September 27th. Credit Suisse Group reaffirmed an underperform rating and set a GBX 235 ($3.10) target price on shares of Intu Properties PLC in a report on Wednesday, September 13th. J P Morgan Chase & Co reaffirmed a neutral rating and set a GBX 310 ($4.09) target price on shares of Intu Properties PLC in a report on Monday, July 31st. Finally, Peel Hunt reaffirmed a hold rating and set a GBX 300 ($3.96) target price on shares of Intu Properties PLC in a report on Thursday, July 27th. Six investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. Intu Properties PLC presently has an average rating of Hold and a consensus target price of GBX 268.40 ($3.54).

Shares of Intu Properties PLC (LON INTU) opened at GBX 218.20 ($2.88) on Thursday.

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In other Intu Properties PLC news, insider John Whittaker acquired 2,000 shares of Intu Properties PLC stock in a transaction that occurred on Monday, August 7th. The stock was purchased at an average cost of GBX 256 ($3.38) per share, with a total value of £5,120 ($6,756.40).

About Intu Properties PLC

intu properties plc owns and manages shopping centers in the United Kingdom and in Spain. The Company is primarily a shopping center-focused business and operates through two segments, including United Kingdom and Spain. The Company’s Super-regional centers include intu Trafford Centre, intu Lakeside, intu Metrocentre, intu Braehead, intu Merry Hill and Cribbs Causeway.

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